Abstract
The Catalan lawmaker introduced the Shared Ownership into the Catalan Civil Code in 2015. However, since the entry into force of the Act 19/2015, there have been no acquisitions of assets using this new tenure.
The Directive 2014/17/EU of the European Parliament and of the Council of 4 February 2014 regulates the Shared Equity Credit Agreement, which could be a new credit agreement to facilitate the acquisitions of assets using the Shared Ownership. Moreover, the Spanish lawmaker has transposed the Directive 2014/17/UE in the same terms than the Directive 2014/17/EU.
The aim of this paper is to facilitate the implementation of the Shared Equity Credit Agreement in Spain once the Directive 2014/17/EU is transposed by the Spanish lawmaker to make housing more affordable.
The Directive 2014/17/EU of the European Parliament and of the Council of 4 February 2014 regulates the Shared Equity Credit Agreement, which could be a new credit agreement to facilitate the acquisitions of assets using the Shared Ownership. Moreover, the Spanish lawmaker has transposed the Directive 2014/17/UE in the same terms than the Directive 2014/17/EU.
The aim of this paper is to facilitate the implementation of the Shared Equity Credit Agreement in Spain once the Directive 2014/17/EU is transposed by the Spanish lawmaker to make housing more affordable.
Translated title of the contribution | El contracte de préstec sobre capital compartit com un nou instrument financer per a la propietat compartida a Catalunya |
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Original language | English |
Pages (from-to) | 111-126 |
Number of pages | 16 |
Journal | Revista catalana de dret privat (Impresa) |
Volume | 21 |
DOIs | |
Publication status | Published - 2020 |
Keywords
- Shared equity credit agreement
- Credit agreement
- Shared ownership
- Housing
- Mortgages
- Co-ownership
- Affordable housing
- Intermediate tenures
- Condominium